May 28, 2026

To our clients and friends:

On May 19, 2026, the Securities and Exchange Commission proposed a new rule and form amendments that would restructure and streamline filer status categories into two main categories: large accelerated filers and non-accelerated filers. The proposed new rule would also raise the threshold and seasoning requirements for large accelerated filer status and extend accommodations and scaled disclosures to all non-accelerated filers. Our Legal Update on this proposal can be found here.

Luse Gorman, PC regularly advises companies regarding corporate governance, shareholder matters and SEC developments. If you have any questions related to this Legal Update, please reach out to your usual firm contact.

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